DMart Damani Invests Rs 90 Cr In Lenskart Ahead Of IPO
Radhakishan Damani invests ₹90 crore in Lenskart ahead of its IPO, as the retailer plans fresh equity raise and expansion initiatives.
Radhakishan Damani invests ₹90 crore in Lenskart ahead of its IPO, as the retailer plans fresh equity raise and expansion initiatives.
Avenue Supermarts posts Rs 685 crore net profit as revenue increases 17.5 per cent amid retail expansion
Retailer expands presence in NCR with Moti Nagar store; raises short-term funds through commercial paper issuance Avenue Supermarts, operator of the D-Mart retail chain, has raised Rs 100 crore through a commercial paper issuance and opened a new outlet in New Delhi. The instrument carries a 6 per cent coupon with 91-day maturity, redeemable […]
The company is engaged in the business of online and multi-channel grocery retail under the brand name of Dmart Ready
The business linked the drop in gross margins to “ongoing competitive pressure” in the consumer goods sector
However, total revenue for the quarter ended 31 March 2025 stood at Rs 14,872 crore, as compared to Rs 12,727 crore in the same period last year
The company informed that Neville Noronha will complete his current term of five years as the Managing Director on 31st January 2026
The company’s net profit margin stood at 4.5 per cent in the third quarter of current fiscal (Q3FY25) as compared to 5.1 per cent in Q3FY24
The standalone revenues for the third quarter of the current financial year (Q3FY25) have jumped to Rs 15,565.23 crore
The consolidated results of the company show that total revenue for the first half of the current financial year (H1FY25) stood at Rs 28,514 crore